Hey! Welcome to SGX-Nifty‘s other blog post on Mohammed Bin Salman Net Worth: Mohammed bin Salman, also known as MBS, is Saudi Arabia’s Crown Prince and an influential figure in the country’s political and economic reform. MBS is known for his ambitious Vision 2030 plan, which seeks to overhaul Saudi Arabia’s economy and reduce its reliance on oil. This blog digs into Mohammed bin Salman’s net worth in 2024, including his background, profession, family, and the numerous aspects that contribute to his wealth.
Who is Mohammed bin Salman?

Mohammed Bin Salman is Saudi Arabia’s Crown Prince, Deputy Prime Minister, and Minister of Defense. He is the son of King Salman bin Abdulaziz Al Saud and has had a significant impact on Saudi Arabia’s current policies and ambitions.
Mohammed bin Salman Biography
Detail | Information |
---|---|
Full Name | Mohammed bin Salman bin Abdulaziz Al Saud |
Date of Birth | August 31, 1985 |
Place of Birth | Riyadh, Saudi Arabia |
Nationality | Saudi Arabian |
Occupation | Crown Prince, Deputy Prime Minister, Minister of Defense |
Mohammed bin Salman Net Worth

Mohammed Bin Salman is Saudi Arabia’s Crown Prince. Mohammed bin Salman’s net worth is $10 billion. He is the seventh son of King Salman bin Abdulaziz and is regarded as Saudi Arabia’s de facto ruler. He is also known as “MBS,” and has previously served as Saudi Arabia’s deputy prime minister and minister of defense.
Following King Abdullah’s death in January 2015, his father, King Salman, took over as King of Saudi Arabia and Prime Minister. At the same time, Mohammed bin Salman became Saudi Arabia’s Crown Prince. MBS became Saudi Arabia’s First Deputy Prime Minister in June 2017.
From April 2015 to June 2017, he served as Saudi Arabia’s Deputy Crown Prince and Second Deputy Prime Minister, before becoming Minister of Defense in January 2015. Mohammed bin Salman previously served as President of the Council for Economic and Development Affairs. He has overseen numerous reforms, including lifting the prohibition on female drivers and implementing legislation that limits the powers of the religious police. His campaign for women’s rights resulted in the first Saudi sports stadium to accept women, the first Saudi public concerts featuring a female vocalist, and an increase in the number of women in job sectors.
Net Worth Breakdown
Source | Amount |
---|---|
Royal Family Assets | $7 billion |
Investments | $2 billion |
Properties and Luxuries | $1 billion |
Total Estimated Net Worth | $10 billion |
Early Life

Mohammed bin Salman was born on August 31, 1985, to Prince Salman bin Abdulaziz and Fahda bint Falah Al Hithlain, Abdulaziz’s third wife. Mohammed bin Salman is his mother’s eldest child, as well as his father’s eighth child and seventh son. He attended King Saud University and earned a bachelor’s degree in law. He completed his schooling in Saudi Arabia, getting a law degree from King Saud University.
Career

After graduating from university, bin Salman worked in the private sector for several years before becoming his father’s private aide. He began as a consultant for the Experts Commission, which worked alongside the Saudi Cabinet. At the age of 24, he became a political advisor to his father, who was then the governor of Riyadh province. He proceeded to advance through the ranks, going from one post to another. When Crown Prince Sultan bin Abdulaziz died, bin Salman’s father rose to power and appointed his son as his special counselor. Following the death of Crown Prince Nayef bin Abdulaziz in June 2012, his father succeeded as crown prince.
By 2015, bin Salman had become the defense minister. One of the first challenges he faced in this role was instability in Yemen. However, several in Saudi Arabia and the world community criticized bin Salman for failing to organize a response across all Saudi Arabia institutions.
In 2017, bin Salman became the Crown Prince and declared heir presumptive to the throne. In May 2017, bin Salman launched an investigation in the Saudi government and corporate world, saying that corruption will be uncovered and eradicated at all levels. Some of those arrested were billionaire and Saudi royal Al-Waleed bin Talal, director of the Saudi National Guard Mutaib bin Abdullah, and Minister of Economy and Planning Abdel Fakeih. Many of those arrested were subjected to what became known as the “night of beating,” during which they were beaten and fastened to walls as a form of torture. Many international observers have criticised the harsh tactics. However, some have represented them as a reform strategy devised by bin Salman to put the royal family and their links under the rule of law in order to eradicate corruption.

In general, bin Salman has been described as a nationalistic leader who takes a conservative approach to politics while remaining more liberal on economic and social problems. He presented Vision 2030, a strategic vision plan aimed at diversifying and privatizing Saudi Arabia’s economy. Bin Salman wants to transition away from relying solely on oil as the primary economic driver. He hopes to attract investment in the biotechnology, renewable energy, robotics, and sophisticated manufacturing sectors. One of the key ways he has accomplished this is by constructing Neom, a $500 billion industrial zone spanning 26,000 square kilometers along the Red Sea coast.
While focusing on diversification, bin Salman has also stated that he intends to reestablish and maintain Saudi Arabia’s dominance in global oil markets. He also oversaw the construction of a high-speed railway line connecting Mecca and Medina, which opened for business in October 2018. In November 2018, Bin Salman also announced plans to build Saudi Arabia’s first nuclear reactor, with the goal of building 16 nuclear reactors over the next 20 years.
Domestically, bin Salman has concentrated on liberalizing certain aspects of Saudi society. In April 2017, he revealed intentions to build the world’s largest cultural, sporting, and entertainment towns in Al Qiddiya. He also launched the country’s first public cinema in 2018, following a 35-year ban. He has implemented a number of economic changes and announced a shift from the ultra-conservative Saudi Arabian state to one that is more moderate and accepting of all world religions. At the same time, various human rights violations, notably against women, have been documented in Saudi Arabia.
Awards and Achievements

Award | Year | Category |
---|---|---|
Order of Abdulaziz al Saud | 2015 | Distinguished Service |
Time Magazine | 2018 | Included in Time 100 Most Influential People |
Family and Relationships

Mohammed bin Salman married Princess Sara bint Mashhoor bin Abdulaziz Al Saud. The couple has multiple children. He comes from a large and influential family, and his father is the current King of Saudi Arabia.
Also read | Sheikh Mohammed bin Rashid al Maktoum Net Worth!
Hobbies and Interests
- Favorite activities include technological investment, Saudi infrastructure modernization, and philanthropic giving.
- Dislikes include corruption and hostility to his reform proposals.
Wrap Up
Mohammed bin Salman’s rise from royal advisor to Crown Prince of Saudi Arabia was marked by considerable economic and social reforms. With a net worth of $10 billion, he continues to mold Saudi Arabia’s future through his Vision 2030 strategy and other initiatives. His influence goes beyond politics, affecting global markets and modernizing one of the world’s most powerful nations.
FAQs
- Q. What is Mohammed bin Salman’s net worth?
A: Mohammed bin Salman has an estimated net worth of $10 billion. - Q: What is Mohammed bin Salman known for?
A: Mohammed bin Salman is well-known for his Vision 2030 initiative to diversify Saudi Arabia’s economy and major social reforms. - Q: Is Mohammed Bin Salman active on social media?
A: Mohammed bin Salman is active on Twitter, but he does not have a publicly accessible Instagram account. - Q: What are Mohammed Bin Salman’s hobbies?
A: Mohammed bin Salman appreciates investing in technology, improving Saudi infrastructure, and philanthropy. - Q: Has Mohammed Bin Salman received any awards?
A: Yes, Mohammed bin Salman has earned numerous awards, including the Order of Abdulaziz al Saud for Distinguished Service.
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